PVL3702
Assignment 1 Semester 1 2024
Unique Number: 157217
Due Date: 25 March 2024
QUESTION 1 (3 DIFFERENT ANSWERS PROVIDED)
Under the law of contract, for an agreement to be legally binding, there must be a meeting
of the minds between the parties—also known as consensus ad idem—whereby they have
a common understanding regarding the essential terms of the contract. If there’s no
consensus due to a mistake by one or both parties, the contract could be void or voidable
depending on the nature of the error.
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